**Bitcoin Drop Imminent: Why I’m Sticking to My Prediction Despite the Doubters**

Yesterday, I issued a warning about an impending drop in Bitcoin’s price, only to be met with skepticism and even humor from those dismissing the possibility of a downturn. However, the data continues to back my forecast.

The updated chart below tells a different story, one that I believe is unfolding as we speak. As observed, Bitcoin's price action is aligning with the expected downward trajectory. The resistance around $62,000 has proven resilient, and the absence of strong bullish momentum suggests that the bears remain firmly in control.

The Relative Strength Index (RSI) further confirms the weakening strength of upward moves, signaling that a significant drop is likely imminent.

🔥👉 My latest analysis indicates that BTC could touch the $54,000 to $55,000 range, or potentially even lower.

💥For those who doubted, now is a critical time to focus on the technical indicators rather than getting swept up in market optimism. The warning signs are clear, and seasoned traders know the importance of preparing for all market scenarios.

💦💦This isn’t about spreading fear, but about being realistic and strategic. I stand by my analysis that a substantial decline is on the horizon. If this descending triangle pattern breaks down, we could witness a swift move to the lower levels I’ve outlined.

🔥🔥As always, it’s essential to stay informed and protect your investments. The market can be unforgiving, and it’s better to err on the side of caution. For those who dismissed the potential downturn, this may serve as a reminder of the crypto market’s unpredictability.

$BTC

BTC

60,339.61

-1.46%

#MarketDownturn #BigDumpComing #HighAlert #MarketSentimentsToday #MarketDump